Time Inc.
The Time Inc. division publishes approximately 150 titles worldwide. It is the leading magazine publisher in the U.S. and UK, and is understood to be profitable at US$5 billion in annual revenues. As of January 2007, the unit is experiencing downsizing. In January 2007, the Bonnier Magazine Group agreed to acquire 18 magazines that Time Inc. was divesting. The magazines in the package employed 550 people and included Field & Stream, Outdoor Life, Ski, Yachting, and TransWorld Snowboarding, as well as 11 other titles that were part of Time Inc.'s Time4Media Group. Also included were Parenting, and Baby Talk, which were part of the Parenting Group.
Read more about this topic: Time Warner
Famous quotes containing the word time:
“We must take precautions against being prematurely honed sharpsince at the same time we are being prematurely honed thin.”
—Friedrich Nietzsche (18441900)
“Let the jury consider their verdict, the King said, for about the twentieth time that day.
No, no! said the Queen. Sentence firstverdict afterwards.
Stuff and nonsense! said Alice loudly. The idea of having the sentence first!”
—Lewis Carroll [Charles Lutwidge Dodgson] (18321898)